Then a ‘Double bottom chart pattern’ chart layout is found. The formation shows ‘Double bottom chart pattern’. which is a positive pattern signal. The pair is likely to go up.
Then a ‘Concealing Baby Swallow’ candlestick pattern is discovered. The candles form ‘Concealing Baby Swallow’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Concealing Baby Swallow’ heading down is 75% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.554000000 |
| 2nd High | 4.371000000 |
| Next High | 4.283000000 |
| Current Price | 4.219000000 |
| Next Low | 4.144000000 |
| 2nd Low | 4.054000000 |
| 3rd Low | 4.030000000 |
4.209000000 – 4.154000000 – 4.182000000 – 4.144000000 – 4.054000000 – 4.030000000 — 50.199936623253 – 54.446383224633
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – Concealing Baby Swallow – Double bottom chart pattern – –